US Judge Extends Argentina's YPF Handover Deadline by Three Days
US District Judge Loretta Preska's Monday ruling put her June 30 order on a brief hold. The appeals court could grant President Javier Milei's government even more time to argue that Preska exceeded her authority by ordering the turnover.
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Yahoo
22 minutes ago
- Yahoo
Omnicom: Q2 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Omnicom Group Inc. (OMC) on Tuesday reported second-quarter earnings of $257.6 million. The New York-based company said it had profit of $1.31 per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were $2.05 per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.02 per share. The advertising company posted revenue of $4.02 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $3.95 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on OMC at
Associated Press
26 minutes ago
- Associated Press
The Paramount comics, Colbert and Stewart, are sharp critics of the '60 Minutes' deal
NEW YORK (AP) — This isn't a joke. They've made that clear. CBS 'Late Show' host Stephen Colbert condemned parent company Paramount Global's settlement of President Donald Trump's lawsuit over a '60 Minutes' story as a 'big fat bribe' during his first show back from a vacation. Colbert followed 'The Daily Show' host Jon Stewart's attack of the deal one week earlier. Stewart works for Comedy Central, also owned by Paramount, making the two comics the most visible internal critics of the $16 million settlement that was announced on July 1. Colbert's 'bribe' reference was to the pending sale of Paramount to Skydance Media, which needs Trump administration approval. Critics of the deal that ended Trump's lawsuit over the newsmagazine's editing of its interview last fall with Democratic presidential candidate Kamala Harris suggested it was primarily to clear a hurdle to that sale. 'I am offended,' Colbert said in his monologue Monday night. 'I don't know if anything — anything — will repair my trust in this company. But, just taking a stab at it, I'd say $16 million would help.' He said the technical name in legal circles for the deal was 'big fat bribe.' Jon Stewart terms it 'shameful' Stewart began discussing the 'shameful settlement' on his show a week earlier when he was 'interrupted' by a fake Arby's ad on the screen. 'That's why it was so wrong,' he said upon his 'return.' He discussed the deal in greater detail with the show's guest, retired '60 Minutes' correspondent Steve Kroft, making his views clear through a series of leading questions. 'I would assume internally, this is devastating to the people who work in a place that pride themselves on contextual, good journalism?' Stewart asked. 'Devastating is a good word,' Kroft replied. A handful of media reports in the past two weeks have speculated that Skydance boss David Ellison might try to curry favor with Trump by eliminating the comics' jobs if the sale is approved. A representative for Ellison did not immediately return a message for comment on Tuesday. It would be easier to get rid of Stewart, since he works one night a week at a network that no longer produces much original content. Colbert is the ratings leader in late-night broadcast television, however, and is a relentless Trump critic. The antipathy is mutual. Trump called Colbert 'a complete and total loser' in a Truth Social post last fall, suggesting CBS was wasting its money on him. 'HE IS VERY BORING,' Trump wrote. Colbert slips in a quip Colbert alluded to reports about his job security in his monologue, pointing to the mustache he grew during his vacation. 'OK, OK, but how are they going to put pressure on Stephen Colbert, if they can't find him?' he joked. Colbert and Stewart both earned Emmy nominations this week for outstanding talk series. Together with ABC's Jimmy Kimmel, all three nominees are tough on Trump. CBS News journalists have largely been quiet publicly since the settlement's announcement. Two top executives, CBS News CEO Wendy McMahon and '60 Minutes' executive producer Bill Owens, both quit or were forced out prior to the settlement for making their dissatisfaction about the idea known internally. Reporting about the settlement on the day it was announced, 'CBS Evening News' anchor John Dickerson said viewers would have to decide on their own what it meant to them. 'Can you hold power to account after paying it millions?' Dickerson asked. 'Can an audience trust you when it thinks you've traded away that trust? The audience will decide that. Our job is to show up to honor what we witness on behalf of the people.' ___ David Bauder writes about the intersection of media and entertainment for the AP. Follow him at and
Forbes
29 minutes ago
- Forbes
Home Depot's Ken Langone ‘Sold On Trump' After Tariff Criticism
Home Depot co-founder and billionaire Ken Langone, who had retracted support for President Donald Trump in recent years and slammed his tariffs as 'bullshit' just months ago, reversed course during an interview with CNBC on Tuesday, claiming he is now 'sold on Trump' and that 'he's got a good shot at going down in history as one of our best presidents ever.' Home Depot co-founder Ken Langone participates in the Yahoo Finance All Markets Summit: A World of ... More Change at The TimesCenter on Thursday, Sept. 20, 2018, in New York. (Photo by Evan Agostini/Invision/AP) 2018 Invision Langone, 89, told CNBC he has 'never been more excited about the future of America' than he is right now, and that, 'like it or not, this guy is getting things done.' He praised Trump's strike on Iran as 'miraculous' and said the 'One Big Beautiful Bill Act' has 'a lot of merit' and will trigger significant economic growth. He told CNBC in 2024 he was afraid Trump would spend the next four years 'getting even,' but reversed his position on Tuesday, saying, 'I'm happy to say, I'm comfortable he's not doing that.' Langone said 'people are walking with more bounce' and, when asked about his previous criticisms of Trump, said, 'when you make a mistake, admit it.' Langone backed Trump in the 2016 presidential race, but said he felt 'betrayed' after the Jan. 6 Capitol riot, telling CNBC in 2021 he vowed to rally behind former President Joe Biden. In April, Langone—who endorsed Nikki Haley's presidential run in 2024—slammed Trump's 46% tariff on Vietnam as 'bullshit' and said his 34% tariff on China was 'too aggressive, too soon.' Tangent In the Tuesday interview, Langone said he was concerned about antisemitism in the U.S. 'particularly among young people,' adding 'I don't even understand the Jews sometimes' after Jewish New Yorkers voted for New York City mayoral candidate Zohran Mamdani.
